The ‘digital gold’ narrative says bitcoin should be rallying, but instead, it has been crushed by shiny rocks for over a year, something that can only be explained by looking at BTC differently, one analyst suggests.

Japan’s Financial Services Agency plans to approve the country’s first cryptocurrency ETFs by 2028, adding digital assets to “specified assets” for investment trusts.

On Monday, activity across much of Wall Street and U.S. equity markets remained subdued, while precious metals like silver and gold pressed higher. At the same time, the Japanese yen firmed sharply against the U.S. dollar, as markets responded to rising expectations of coordinated currency intervention by Japanese and U.S. authorities.

After briefly dipping to $86,000 on Sunday, bitcoin rallied to an intraday high of $88,750 by Jan. 26, 10:15 a.m. EST. The recovery helped lift the total crypto market capitalization from a low of $2.96 trillion back above the $3.05 trillion threshold.

Crypto exchange-traded funds (ETFs) endured another brutal week as bitcoin and ether suffered deep, broad-based outflows. Solana held onto modest gains, while XRP slipped into its first weekly net outflow since launch.

Bitmine Immersion Technologies (BMNR) has taken another oversized step into the crypto treasury race, revealing ethereum holdings that now rival sovereign-scale balance sheets.

At the time of writing, gold is changing hands at $5,079.30 per ounce, while silver is trading at $113.24—levels that currently make today’s prediction market wagers look less like fringe curiosities and more like forward-looking scoreboards.

Bitcoin’s January rally has lost traction, with the leading cryptocurrency retracing more than 10% from its mid-month peak as institutional demand softens and exchange-traded fund (ETF) flows turn decisively negative.

Crypto markets came under pressure amid mounting macroeconomic risks, triggering over $550 million in liquidations as investors shifted toward safe-haven assets and defensive positioning.

Blackrock deepens its bitcoin push with a new ETF structure designed to blend price exposure and income, signaling accelerating institutional confidence as major asset managers expand sophisticated yield strategies tied directly to digital assets.

Bitcoin is currently priced at $87,906, sporting a market capitalization of $1.75 trillion. In the past 24 hours, the digital asset has witnessed a trading volume of $54.01 billion, fluctuating within a narrow intraday range of $86,126 to $88,800. While the market clings to this tight band, the technicals paint a story that is far from neutral.

On Monday, building on the Strategy founder’s tease from the day before—when he declared “Unstoppable Orange”—Michael Saylor disclosed that the firm had picked up 2,932 bitcoin.

The odds of another government shutdown spiked on Polymarket after recent unrest in Minnesota prompted Democrats to oppose a funding bill that would bundle DHS funding with the budgets of other federal agencies. Senate Minority Leader Chuck Schumer said he would vote no if the bill were presented in that manner.

Entropy founder Tux Pacific says the startup is winding up and will return capital to investors.

China has fixed the yuan at its strongest level since 2023, betting on continued U.S. policy that keeps the dollar weak. According to Xinhua, the currency has stayed below the 7 yuan‑per‑dollar mark, strengthening to 6.9843 yuan per dollar on Monday.